Emkay allots 1 lakh shares on warrant conversion to promoter Kacholia
EMKAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 2.2 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Emkay Global allotted 1,00,000 equity shares to promoter Mr. Prakash Kacholia at Rs. 239.50 per share upon conversion of warrants. He paid the balance 75 percent consideration of Rs. 1.80 crore. His stake rises from 18.18 percent to 18.48 percent. Total paid-up capital now stands at Rs. 27.33 crore with 2.73 crore shares. This is part of a larger preferential warrant issue of 95 lakh warrants from October 2025.
Slight dilution for existing shareholders. Shows promoter confidence as Kacholia converts warrants, lifting his holding to 18.48 percent.